NEL ASA (LTS:0E4Q) Retained Earnings : kr-3,111 Mil (As of Sep. 2024)

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What is NEL ASA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NEL ASA's retained earnings for the quarter that ended in Sep. 2024 was kr-3,111 Mil.

NEL ASA's quarterly retained earnings declined from Mar. 2024 (kr-2,953 Mil) to Jun. 2024 (kr-2,996 Mil) and declined from Jun. 2024 (kr-2,996 Mil) to Sep. 2024 (kr-3,111 Mil).

NEL ASA's annual retained earnings declined from Dec. 2021 (kr-972 Mil) to Dec. 2022 (kr-2,143 Mil) and declined from Dec. 2022 (kr-2,143 Mil) to Dec. 2023 (kr-2,998 Mil).

NEL ASA Retained Earnings Historical Data

The historical data trend for NEL ASA's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NEL ASA Retained Earnings Chart

NEL ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-575.11

693.56

-971.64

-2,142.81

-2,998.00

NEL ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-2,838.18	-2,998.00	-2,953.35	-2,995.74	-3,110.68

NEL ASA Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

NEL ASA (LTS:0E4Q) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

NEL ASA Business Description

Industry

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NLLSY:USA NLLSF:USA NELo:Sweden NEL:Norway D7G:Germany

Address

Karenslyst alle 49, Oslo, NOR, N-0279

Website

https://www.nelhydrogen.com

NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Fueling and Electroiyser. It generates maximum revenue from the Electroiyser segment. Electrolyser segment produces electrolysers for hydrogen production and Fueling produces hydrogen fueling stations for cars, buses, trucks, and other on-road vehicles.

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